102 END !paragraph 38) that "This influx is doubtless due to the security of person and property which British rule affords, as well as to the very moderate taxation imposed on Hong Kong residents, and it is well known that capital is being steadily imported into the Colony by persons of the rentier and capitalist classes".
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15. I am to express the hope that, after further consideration in the light of the various comments above, Secretary Sir Philip Cunliffe-Tister will not feel disposed to press further the claims still in dispute. In that event, subject to the concurrence of the Tords Commissioners of His Majesty's Treasury, the Council agree to the communication to the Colony forthwith of the accepted cleims.
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16. A copy of this letter has been sent to the
Treasury.
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